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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2024
Mar. 31, 2024
Current Assets    
Cash and cash equivalents $ 11,053,000 $ 6,987,000
Restricted cash 30,000 155,000
Accounts receivable, net 14,079,000 13,205,000
Inventories 1,675,000 2,187,000
Prepaid expense and other current assets 2,138,000 1,801,000
Total Current Assets 28,975,000 24,335,000
Property and equipment, net 3,749,000 3,646,000
Goodwill 23,379,000 23,379,000
Intangible assets, net 10,986,000 12,415,000
Other assets 118,000 88,000
Total Assets 67,207,000 63,863,000
Liabilities, Current [Abstract]    
Accounts payable and accrued liabilities 29,575,000 26,953,000
Accrued royalties 13,358,000 10,862,000
Notes payable, current portion 690,000 692,000
Deferred revenue 649,000 728,000
Senior secured line of credit 7,000,000 7,000,000
Derivative liabilities 0 607,000
Total Current Liabilities 51,272,000 46,842,000
Notes payable, net 431,000 771,000
Other long-term liabilities 9,317,000 9,354,000
Deferred income taxes 339,000 339,000
Total Liabilities 61,359,000 57,306,000
Commitments and Contingencies
Mezzanine Equity    
Redeemable convertible preferred stock, $0.001 par value; 100,000 shares authorized; none and 5,000 shares issued and outstanding as of September 30, 2024 and March 31, 2024, respectively 0 4,962,000
Stockholders’ Equity (Deficit)    
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 13,187 and 18,814 shares issued and outstanding as of September 30, 2024 and March 31, 2024, respectively 13,187,000 18,814,000
Common stock, $0.001 par value; 500,000,000 shares authorized; 94,957,423 and 88,627,420 shares issued and outstanding, net of treasury shares, respectively 95,000 92,000
Additional paid in capital 230,933,000 216,116,000
Treasury stock (250,000) (4,782,000)
Accumulated deficit (248,623,000) (238,984,000)
Total LiveOne's Stockholders’ Deficit (4,658,000) (8,744,000)
Non-controlling interest 10,506,000 10,339,000
Total equity 5,848,000 1,595,000
Total Liabilities, Mezzanine Equity and Stockholders’ Equity (Deficit) $ 67,207,000 $ 63,863,000